Jupiter, a neo-bank based in India, recently raised $86M in a Series C investment round co-led by Tiger Global and Sequoia Capital India. Other investors in the round included US-based venture fund QED Investors alongside existing backer, Matrix Partners India. Jupiter is now valued at $711M after attracting 500,000 new users, onboarded after it provided early access to its services in July 2021.
Neo-banking startup Jupiter secures $86 mm in Series C funding round